/biz/ - Business & Finance

I'm looking to build a dividend focused portfolio for my Roth IRA, so far I have these in my holdings, on the individual level I chose businesses that I felt had a good chance of sticking around for a long time for example REIT that focus on data centers because the need for the internet/computer data isn't going anywhere any time soon, and low cost ETF from Vanguard for further diversification. However since this is my first time invest I wonder if I'm a little too over diversified/defensive if I plan to be holding for the next 30+ years.


Realty Income corporation Real Estate/REIT
3M Company Industrial/Industrial Products
Johnson & Johnson Healthcare/Drug Manufacturers
Procter & Gamble Consumer Defensive/Consumer Packaged Goods
Simon Property Group Real Estate/REIT
SPDR Select Sector Fund - Financial Industries/Financial
Vanguard S&P 500 Equities Domestic/Large-Cap/Blend
Vanguard Utilities Industries/Utilities
American States Water Company Utilities/ Utilities-Regulated
SPDR Select Sector Fund-Industrial Industries/Industrial
Vanguard Global ex-U.S. Real Estate ETF Alternatives/Global Real Estate
Apple Technology/Computer Hardware
CyrusOne Inc Real Estate/REIT
Fidelity MSCI Financials Index Industrial/Financial
Iron Mountain Incorporated Industrial/Business Services
PepsiCo Inc Consumer Defensive/Beverages Non-Alcoholic
SPDR Select Sector Fund - Consumer Staples Industries/Consumer Defensive
Union Pacific Corporation Industrial/Transportation & Logistics
Universal Health Realty Income Trust Real Estate/REIT
Welltower Inc Real Estate REIT (?)
Kimberly-Clark Corporation Consumer Defensive / Consumer Packaged Good
Norfolk Southern Corporation Industrial/ Transportation & Logistics
Starbucks Consumer Cyclical/ Restaurants
Vanguard Financials Industries/Financial
Vanguard Information Tech Industries/Technology
Vanguard Mid-Cap Domestic/Mid-Cap